June 29, 2020 |
Investors in US-based Latin American-focused equity mutual and exchange traded funds put fresh capital to work and saw a modest increase in overall assets under management (AUM) despite a weak equity market, new data showed on Thursday.
In the week ended June 24, there was a net inflow of $76.2 million for the 28 US-based funds monitored by mutual fund tracking service Lipper, a division of Refinitiv. This marked a rebound from the prior week's net outflow of cash from the sector. The AUM rose b
Lipper data shows US-based funds' AUM rise about 1% in the week ended June 24